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The myths and reality in tax and spend policy
The left isn’t arguing that the state can create or borrow an unlimited amount of money — we can meet the need for pay rises and proper benefits with what we have right now, explains DIANE ABBOTT MP

THERE has rightly been a lot of discussion on tax and spend policy as we are now in the long run-up to the next general election.
We even have the spectacle of Chancellor Jeremy Hunt pleading with businesses in the pages of the Times to share their profits more with customers.
This is a sure sign that there is an election coming and that the Tories are in trouble because of the dire state of the economy and the continuous fall in living standards.
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